Regulation for Altcoin.

[Newchanka]

Don't you think the altcoin market ought be regulated? 1300 coins and counting is insane. Who exactly are all those coins for and what do the developers have in mind? Isn't it a hard time for investors and crypto enthusiasts keeping up with all these coins getting churned out every other day?

I suggest a form of regulation necessary to weed out useless coins and protect investors from shoddy projects and outright scams.
What do you think?

[faaty]

Cryptocurreny world definitely needs a regulation. Today many people are introduced to bitcoin and altcoins hoping to profit some gains looking at the rising charts and news. However most of them lose their money because of investing scam altcoins, or panic trading.

Chinese ICO regulation attempt is the first step of this change. I am sure other countries will follow and will not let the cryptocurrencies do what ever they want.

This may make volatility in pricing, and this will be a reason for an upcoming correction. However, these regulations may help cryptocurrencies to be mainstream.

[rzluetlhch]

Cryptocurreny world definitely needs a regulation. Today many people are introduced to bitcoin and altcoins hoping to profit some gains looking at the rising charts and news. However most of them lose their money because of investing scam altcoins, or panic trading.

Chinese ICO regulation attempt is the first step of this change. I am sure other countries will follow and will not let the cryptocurrencies do what ever they want.

This may make volatility in pricing, and this will be a reason for an upcoming correction. However, these regulations may help cryptocurrencies to be mainstream.

The altcoin market really needs strong regulation, otherwise is it not that anyone can do ICO, including most crooks?
However, altcoin itself is the product of decentralization. If regulation is the case, then change will be centralized. This runs counter to Satoshi's wishes and contradictions.
I personally still look forward to an ICO convention.

[Megavolt220]

Bitcoin has not been regulated properly not to mention altcoins. Investors here a long time will remain without any legal protection. Here it is a wild market, you either accept his rules or leave.

[MMysterious]

Interesting topic but I am not really sure. There are some negative and positive on this one. We have to understand that regulating altcoin means regulating the whole decentralized cryto industry too. Maybe a regulation is the only way to make crypto becoming mainstream but I wonder what will be their difference to stock market.

[AngelSky]

Don't you think the altcoin market ought be regulated? 1300 coins and counting is insane. Who exactly are all those coins for and what do the developers have in mind? Isn't it a hard time for investors and crypto enthusiasts keeping up with all these coins getting churned out every other day?

I suggest a form of regulation necessary to weed out useless coins and protect investors from shoddy projects and outright scams.
What do you think?

To protect the investors only some of the countries are banned the ICO investment alone in the crypto currency community dude. Once the coin has been launched and going further value in the chart like bumping continously no one will gonna scam you.
But the coin you bought higher than the amount after the coin has been launched will be a loss for the investors, we cannot be consider that as scam bro. Just take how you loss the money in trading or stock market.
For all these issues you have to choose the perfect coin which is completely have the future in the crypto currency market.

[win z]

There's no black & white answer to this. Regulation helps protect common-folks from thieves & fraudsters, which is good; but I look forward to a day when the ICO ecosystem becomes self-regulatory of sorts, where the community is able to weed out the lemons from the gold, and build a truly decentralized ecosystem for ICOs.

[BlockGemini]

Harder regulations are definitely needed in order for Altcoins to become more mainstream in the community.

[Ereun]

Rules should exist but should not clash with the removal without cause .. if the coins are no longer developing which judge worthy or unfit is society.
Although the ban on token sales from one country should not affect cryptocurrencies significantly, some countries consider regulations involving new start-up models.

[yndye]

Too many ICOs popping every day and many of them are copy-cats from others and some of them are just pure scammers ready to run after the investors give their hard-earned money to them. This is the reason why other countries ban their citizens to join ICOs because people are not protected by any laws in case the developers or whoever implemented the project run and nowhere to be found after the ICO. Regulation is needed and I think there is already an existing government agency in Russia dedicated to investigate an ICO if it is legit or not.

[shinjunobi09]

This would definitely lessen the or the best case scenario prevent scammers from stealing other peoples money and might cause the reputation of the ICO as one of the trusted investments here in the crypto world.

[Megavolt220]

Cryptocurreny world definitely needs a regulation. Today many people are introduced to bitcoin and altcoins hoping to profit some gains looking at the rising charts and news. However most of them lose their money because of investing scam altcoins, or panic trading.

Chinese ICO regulation attempt is the first step of this change. I am sure other countries will follow and will not let the cryptocurrencies do what ever they want.

This may make volatility in pricing, and this will be a reason for an upcoming correction. However, these regulations may help cryptocurrencies to be mainstream.

Do not you think that excessive desire of the state to regulate, may adversely affect the very idea of cryptocurrency as an independent financial instrument for all mankind. As always happens, the state will enter to help, and then what will remain there to rule and to take all completeness of the power.

[maereglapo]

Dead coins should be unlisted to the exchanges,Altcoin is not the problem but the ICOs,everyday new ICOs are being introduced.

[Yawn85]

then invest in a regulated ICO, Qash is the project, first regulated ICO from Japan.